CANNEX, the real-time annuity rate provider, has published a study that compares hypothetical fixed indexed annuity returns with the returns of multi-year guaranteed rate annuities. Cannex recently added FIAs to its data platform.
A modest proposal: Add 2% to the payroll tax to fund individual accounts that retirees could live on while they delay claiming Social Security until age 70.
'As advisors have adopted passive strategies, ETF structures, and institutional share classes, revenue-sharing to B/Ds has decreased,' a Cerulli analyst writes.
Disintermediation risk, increases in hedging costs and capital strain due to reversal of unrealized gains could strain insurers, the rating agency warned.
The IPO price is currently expected to be between $24.00 and $27.00 per share. The shares are expected to trade on the NYSE under the symbol “EQH”.
The Morningstar Categories with the highest inflows in March were foreign large-blend, ultra-short bond, and intermediate bond funds, respectively.
Providers already on the Marketplace include Finhabits, which offers individual IRAs, and Saturna Trust, which offers a solo 401(k) for the self-employed.
MassMutual’s Defined Benefit Market Update and Commentary is designed to support its DB plan sponsors and potential clients in the ongoing management of their plans.